Is Reykjavik more expensive than George Town?

Reykjavik is 9.8% cheaper than George Town overall. Rent is 31.4% lower, groceries 12.1% cheaper, and restaurants 19.6% more expensive.

Which city has better purchasing power, George Town or Reykjavik?

George Town has a purchasing power index of 143.4 while Reykjavik has 112.8 (NYC = 100). George Town offers better purchasing power.

George Town vs Reykjavik: Reykjavik is 9.8% cheaper, rent 31% lower (2026)

Category	🇰🇾 George Town	🇮🇸 Reykjavik	Difference
Cost of Living	91.6	82.6	-9.8%
Rent	72.3	49.6	-31.4%
Groceries	126.6	111.3	-12.1%
Restaurants	107.9	129.0	+19.6%
Purchasing Power	143.4	112.8	-21.3%

Data from October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇰🇾 Cost of Living in George Town

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🇮🇸 Cost of Living in Reykjavik

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🇰🇾 Should I Move to George Town?

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🇰🇾 George Town vs 🇮🇸 Reykjavik

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